News

An announcement by Dan Newman, Ontario Minister of Northern Development and Mines, has broken previous written commitments made by the Ontario government to the exploration and mining sector. The gove…

Newmont Mining (NEM-N) has agreed to acquire up to a 75% stake in Wolfden Resources’ (YWO-V) Skinner gold property in Ontario’s Red Lake mining district.Newmont can initially earn a 65% interest in th…

ExchgVal($000s)HighLowCloseChangeAlcoa*N62718438.1536.0537.38-0.53…

Vancouver — Early signs of a potential gold rally have prompted First Point Minerals (FPX-V) to shift its focus from platinum-palladium exploration in Ontario back to the Cacamuya epithermal project …

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…

Vancouver — The trading volume of Canada’s junior exchange fell to levels not seen since January during the report period ended April 9, as investors found little reason to buy stocks. The Standard &…

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 9April 8April 5April 4April 3Aluminium1353.50…

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 9April 8April 5April 4April 3US$ in C$1.59681.59411.59…

DateApril 9April 8April 5April 4April 3HighLowTSE 3007722.117747.557782.117784.527842.32…

After holding above US$300 per oz. for more than two weeks, the price of gold crashed down through that psychological barrier to end the April 3-9 period down US$6.25 to US$298.70.As a consequence, Ca…

Precious MetalsPrice (US$/oz.)ChangeGold$298.70-$6.25Silver$ 4.56-$0.14Platinum$526.00-$…

Vancouver — Eastfield Resources (ETF-V) has tabled encouraging results from two more holes drilled on the Lorraine copper-gold property near Prince George, B.C.The latest bout of drilling was aimed a…